there are lots of other things that we can find in these data when we go back to them, and when doug goes back to them. and we will have more findings over time. >> globalization, that has gone n since the 1990's, the i.t. revolution, that two biggest explain years, but he said the shift in policies between the book clinton and bush eras was also playing a part. could you discuss which policies? >> what we can say is it is interesting -- ok, i was gone to avoid your question by talking about clinton and reagan, which i find interesting, but we will talk about clinton and bush. what we saw in 2000 certainly was -- there were two things. one was obviously a large reduction in taxes, and the second was not so much deregulation as an explicit policy of very light-handed regulation. to me, that actually goes more to the financial crisis as contributing factors in the financial crisis than in what -- to jobs ande t wages. i do not blame bush for what and jobs.to in cocomes i blame him for not try to figure out what was happening, that a lot of us know clip president clinton. if bill clinto